Unemployment in Japan
Japan's unemployment rate over the last decade remained among the lowest in the world. The COVID-19 pandemic caused only a slight increase in unemployment, thanks to government support and Japan's employment practices that favor worker stability. The unemployment rate in Japan averaged 3.0% in the decade to 2022, below the 6.3% average for Major Economies. The unemployment rate in Japan in 2022 was 2.6%. For more unemployment information, visit our dedicated page.
Japan Unemployment Chart
Note: This chart displays Unemployment Rate for Japan from 2024 to 2023.
Source: Macrobond.
Japan Unemployment Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 2.8 | 2.8 | 2.6 | 2.6 | 2.5 |
| Unemployment (% of active population, eop) | 3.1 | 2.7 | 2.5 | 2.5 | 2.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Japanese unemployment projections for the next ten years from a panel of 25 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Japanese unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Japanese unemployment projections.
Want to get access to the full dataset of Japanese unemployment forecasts? Send an email to info@focus-economics.com.